VAST is currently focusing on developing projects within advanced Biofuels Heavy transportation, including marine, rail, and aviation, heavily relies on fossil fuels like diesel and petroleum products. Marine shipping consumes approximately 330 million tonnes of bunker fuel annually, projected to reach USD 165 billion by 2030. Rail transportation uses around 50 million tonnes of diesel, and aviation consumes roughly 280 million tonnes of jet fuel per year.
While there is strong political momentum to reduce fossil fuel consumption and adopt sustainable propulsion, heavy transport is less likely to transition to electric solutions like lighter transport sectors. Heavy transport will continue to depend on high energy density fuels that integrate with existing supply chains.
Advanced biofuels are expected to play a crucial role in reducing the carbon intensity of heavy transport for decades, with a growing demand for more cost-efficient production methods.
SoFaTM is an advanced, next-generation technology for producing biofuels and biochemicals, built on 30 years of innovation in biofuel development. It integrates biomass liquefaction with electrofuel production, maximizing the use of biomass carbon and significantly improving energy efficiency with a minimal carbon footprint.
SoFaTM achieves high conversion rates of woody biomass into energy-dense biofuels by converting all organic carbon, including lignin, into biocrude. Each 1,000 kg of biomass feedstock can yield up to 600 kg of biocrude. The process operates under mild conditions, which lowers capital expenditure (CAPEX) and boosts overall efficiency, resulting in attractive plant economics.
SoFaTM is integrating biomass conversion with green methanol production. The integration increases the carbon utilization to an unpresented level as the carbon rich gas from the conversion process offers a high quality feedstock for the methanol synthesis. Hereby SoFaTM is also providing a solution to the often overlooked challenge of finding carbon sources for electrofuels.
In order to optimize the methanol production the gas from the biomass conversion process will need addition of some hydrogen. As the gas is comprising mainly CO the need for added hydrogen is limited.
The process operates at medium high pressure and temperature level and hence is less cost intensitive than high pressure systems. The pressure reduction nevertheless is a focus area and a proprietary system has been developed, where known components find use in a novel and inventive constellation.
VAST is committed to sustainability and meets the rigorous Environmental, Social, and Governance (ESG) criteria that drive the green energy transition. Life Cycle Analysis and stakeholder transparency are core to the company’s approach.
The SoFaTM technology is protected by a robust intellectual property portfolio, consisting of six patent families, with several patents already granted both nationally and internationally.
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